£234,966
This estimated value is based upon the latest sale price for the house of £190,000 on 6 Apr 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £190,000 | 6 Apr 2020 |
| £190,000 | 6 Apr 2020 |
| £122,000 | 23 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in April 2020 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £190,000 results in an estimated price of approximately £234,966.
| 6 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £190,000 | £44,966 | £234,966 |
The Postcode Pricing Model uses changes in average sales price within the M22 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 30.103 % | £57,195 | £247,195 |
| 3 Month Average | 31.223 % | £59,323 | £249,323 |
| 6 Month Average | 39.235 % | £74,547 | £264,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £195,416 | £191,500 | 167 HOLLYHEDGE ROAD |
| 20 Jun 2023 | £160,721 | £157,500 | 59 PANFIELD ROAD |
| 16 Mar 2023 | £165,768 | £163,000 | 27 LITTLEWOOD ROAD |
| 14 Feb 2023 | £261,748 | £260,000 | 132 WOODHOUSE LANE |
| 9 Feb 2023 | £186,244 | £185,000 | 11 OVERTON ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Dec 2019. Using an estimated price of £234,967 means this house is valued at £3,218 per sq meter (£299 per sq foot).
The average size of a house on HOLLYHEDGE ROAD is 72 sq meters (783 sq feet).